Overview
- Cigna, which announced the shift on Thursday’s earnings call, will exit the Affordable Care Act individual market at the end of 2026.
- About 369,000 people in 11 states will need new coverage for 2027 as Cigna leaves the exchanges.
- The company said current benefits and provider networks do not change now, and it will guide members during the next open enrollment.
- Executives cited limited growth in the exchange line and enrollment erosion after enhanced subsidies lapsed, echoing declines reported by Centene and UnitedHealthcare.
- In Q1 2026, Cigna reported $1.65 billion in profit on $68.5 billion in revenue, with Evernorth revenue up 9% to $58.4 billion.